Crypto market sees $279 million in liquidations in 24 hours

In the past 24 hours, the crypto market has seen $279 million in liquidations, affecting over 89,872 traders. $BTC and $ETH were the most impacted, with liquidations of $80 and $66.52 million, respectively. The largest liquidation occurred at #OKX. in the $ETH /$USDT pair for $5.21 million.

Volatility and high leverage are the main causes of these massive liquidations, highlighting the importance of proper risk management in trading.